The Netherlands Gambling Authority, Kansspelautoriteit (KSA) is pushing for “extra powers needed to tackle illegal online gambling,” saying only then can it effectively supervise and protect the country’s consumers. The KSA’s statement was in reaction to a report on illegal online gambling that appeared in media publications Trouw and the Financiele Dagblad over the weekend. …
The Malta Gaming Authority (MGA) has launched phase two of its Licensee Relationship Management System (LRMS) expanding its capability to include online applications and services for : Declaration of Go Live Application; Incident Reporting; Change in Approved Company Details; Change in Approved Personal Details; Change in Technical Setup. New remote gaming and skill games license …
Microgaming will release another two slot games in November in addition to its ‘The Phantom of the Opera’ production. Inspired by the vast plains of Africa, ‘King Tusk’ will take players on a wild adventure in this five-reel, 25 payline online slot. The safari-themed game includes majestic elephants and exciting wild features, realised through beautiful …
Kindred Group’s Unibet brand has entered into an exclusive betting partnership deal with professional eSports tournament BLAST Pro Series. The CS:GO tournament, hosted by esports media company RFRSH, takes place in Copenhagen this month offering a prize pool of $250,000 to six of the world’s top teams. “We are excited about the BLAST Pro Series …
VSoftCo has entered into a multi-year content supply deal with content provider Sport-Shotz for the integration of a wide variety of sports-themed games into its platform. The sports-themed casino games cover a wide variety of sports disciplines including football, horse racing, tennis, American Football, Golf and cricket. “This partnership is very important for VSoftCo as …
The Bovada online casino company has become the latest industry firm to add cyber currency to its list of transaction options for players. The company has chosen Bitcoin Cash as its preferred cyber currency, joining a growing number of online gambling operators who have adopted a range of different cryptocurrency options as additions to their …
In a rather quiet weekend news-wise the UK media focussed on bet365’s recent annual results (see previous reports) and in particular the GBP 217 million salary of CEO and founder Denise Coates (50) and her GBP 18 million in dividend payments last year. Whilst some anti-gambling activists were critical of her rewards for success, it …
The Financial Times reports that Richard Desmond, the billionaire owner of the Daily and Sunday Express newspapers, is planning to bid for the rights to run the UK National Lottery when the franchise comes up for renewal in 2019. The current operator of the lottery, Camelot, is owned by the Ontario Teachers’ Pension Fund in …
Last week’s ruling by the Belgian Constitutional Court that online gambling operators must have separate licenses for each gambling product offered on their websites is sure to generate concerns in the industry and possibly an appeal. The case arose when land and online operator Rocoluc NV (trading online as Casinobelgium.be) challenged the Belgian Gaming Commission …
The Illinois state legislature adjourned for the year this week, ending any hope that online gambling legalisation bills currently in committee would see a floor vote in this session. Three proposals have been languishing in committees since early this year, and last month there was activity in both Senate and House that suggested there may …
The Stars Group Inc. today (Friday) announced the launch of Stars Mega Spin, its proprietary space-themed progressive jackpot slot game exclusive to the PokerStars Casino brand that guarantees a minimum $1 million jackpot. Stars Mega Spin is the latest innovation from The Stars Group and the second million-dollar progressive jackpot created by its in-house game …
The Reuters news agency in Prague reports that Czech lottery and gaming company Sazka is looking at an initial public offering (IPO) in London to help fund growth in its existing European markets and reach new ones. Announcing the project Friday, Sazka revealed that it has hired Citigroup, J.P. Morgan Cazenove and Morgan Stanley as …
Online gambling solutions provider BetConstruct has expanded its African footprint by securing a manufacturer’s licence from the South African National Gambling Board. Sergey Harutyunyan, chief executive of the company, said that the licence represents a “strategic victory” and will allow BetConstruct to roll out its sportsbook to local regulated South African operators. “We are excited …
The American Gaming Association (AGA) has announced the election of Tim Wilmott to the post of chairman for a period of two years, replacing Jim Murren of MGM Resorts in the role. Currently the chief executive of Penn National Gaming Inc., Wilmott has been actively involved in the AGA since 2015, serving as an executive …
Recently launched Australian online sports betting operator Neds hit the local headlines again this week as its second television and social media advert in a month was banned by the Australian Standards Bureau following complaints by Financial Counselling Australia, a body that helps people with gambling problems.. Our readers may recall that two weeks ago …
October’s overall revenue of Euro 180.4 million boosted Italy’s land and online YTD gambling numbers, enabling the regulator to report that up to end October overall betting handle soared 22.4 percent, with revenue up 5.4 percent at Euro 975.5 million. Other noteworthy metrics include: * Online casino revenue in October up over 30 percent y-o-y …
In a market advisory Wednesday, NYX Gaming addressed a possible complication in its proposed Cdn$ 775 million acquisition by US gambling group Scientific Games (see previous reports), noting that major shareholder William Hill has moved to change its NYX convertible preference shares into ordinary shares, enabling it to vote on the proposed agreement. The advisory …
Eastern and Central European land and online betting group Fortuna Entertainment has posted impressive nine months results, noting that between January and end September this year betting handle rose 69.1 percent to Euro 1.3 billion, with growth across all key financial indicators. Key performance indicators included: * Total gross win over the nine month period …
One of the principal architects and supporters of the Unlawful Internet Gambling Enforcement Act of 2006, Republican Rep. Bob Goodlatte, has announced that he will not stand for re-election when his current term ends next year. Our readers may recall that the UIGEA caused consternation in the industry as it sought to disrupt financial transfers …
The Stars Group has released its third quarter and nine months results, reporting improved revenues and EBITDA over both metrics and strong growth. Highlights of the report include: * Q3 revenues up 21.7 percent year-on-year at US$ 329.44 million; * Q3 EBITDA up 26.5 percent at $ 155.76 million; * Nine months ended September revenue …
Magic and mystery await in the latest online slot release from London-based developer ReelNRG, a 5 reel, 30 pay-line game with an oriental theme titled Goddess of Asia. The theme is carried by a sound track and symbols that include gold bars, fiery dragons and lucky felines, with a Goddess of Asia icon as a …
Cherry Group subsidiary and online gambling games developer Yggdrasil has released its detailed Q3-2017 results, showcasing continued growth and strong financials. Highlights of the report include: * Revenues up 110 percent year-on-year at SEK 44.1 million (Q3 2016: 21 million); * EBITDA up at SEK 18.7 million (SEK 9.2 million) on margin of 42 percent; …
Christopher Panayiotou, a Grahamstown businessman recently convicted of murdering his 29-year-old wife Jayde, has been named as one of four individuals allegedly involved in an illegal and unlicensed online gambling enterprise operated behind an internet cafe front. The enterprise, which generated up to around SA Rands 30,000 a week in profits, was infiltrated in a …
The elusive royal flush made an appearance at Bovada Casino over the weekend, securing for a US player a $111,000 windfall. DouglasP, a resident of the US state of Georgia was playing Let ‘Em Ride when Lady Fortune appeared. The player had three hole cards, and after making a $10 raise one community card added …